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Restructuring events

European Restructuring Monitor (ERM)

The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.

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Restructuring events database
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Announcement date Country Company Sector Restructuring type Employment change
19 September 2002
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European Union
Swiss Life - IARD Financial / Insurance/ Estate Internal restructuring -130
18 September 2002
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France
Alcatel Optronics Manufacturing Merger/Acquisition -430
17 September 2002
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Denmark
Tiscali Danmark Information / Computing Internal restructuring -110
17 September 2002
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Spain
Vega Manufacturing Internal restructuring -150
17 September 2002
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Netherlands
FNV Health / Social work Internal restructuring -158
17 September 2002
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Netherlands
Worldcom Information / Computing Internal restructuring -100
16 September 2002
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Portugal
Rhode Manufacturing Internal restructuring -989
13 September 2002
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Finland
Flextronics Manufacturing Offshoring/Delocalisation -200
13 September 2002
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Finland
Wärtsilä Oyj Manufacturing Internal restructuring -350
13 September 2002
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Netherlands
Aino Information / Computing Closure -380
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